Wheaton Precious Metals C... (WPM)
Wheaton Precious Metals Max Pain By Strike
WPM trades at $105.44, 4.4% above the near-term max pain of $101 expiring Sep 12, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($65-$101), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Wheaton Precious Metals Max Pain By Expiry
Max pain for WPM shows a downward trend from 101 to 65, indicating bearish sentiment or hedging activity. The 39% spread signals divergent expectations across timeframes. Most levels below 105.44 may cap rallies. Strong magnetic level at 90 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 12, 2025 | 101 | -4.44 (-4.21%) |
| Sep 19, 2025 | 85 | -20.44 (-19.39%) |
| Sep 26, 2025 | 97 | -8.44 (-8.00%) |
| Oct 3, 2025 | 99 | -6.44 (-6.11%) |
| Oct 10, 2025 | 101 | -4.44 (-4.21%) |
| Oct 17, 2025 | 95 | -10.44 (-9.90%) |
| Oct 24, 2025 | 100 | -5.44 (-5.16%) |
| Nov 21, 2025 | 95 | -10.44 (-9.90%) |
| Dec 19, 2025 | 100 | -5.44 (-5.16%) |
| Jan 16, 2026 | 65 | -40.44 (-38.35%) |
| Mar 20, 2026 | 90 | -15.44 (-14.64%) |
| Jun 18, 2026 | 90 | -15.44 (-14.64%) |
| Sep 18, 2026 | 90 | -15.44 (-14.64%) |
| Jan 15, 2027 | 100 | -5.44 (-5.16%) |